Almas Uddin
Founder and Mortgage Advisor
20 Apr 2020
Commercial Mortgages: Specialist vs. Mainstream
Finding the best lender for your commercial mortgage, whether for an investment or as an owner-occupier, can be a minefield for businesses. Revolution Finance Brokers are on hand to help you make the best decisions, and provide access to the ideal mortgage solutions on the market.
To help understand the differences between specialist and mainstream lenders, please see below indicative comparisons. These estimates apply across all industry sectors.
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Commercial owner-occupier mortgage
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Specialist lender
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Mainstream lender
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- Lending up to fourteen times adjusted profit figure
- Interest starts at 3.54% over Libor
- Interest-only repayment options for the first ten years
- Total lending term up to twenty-five years
- Requires evidence of two years of experience from the applicant
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- Lending up to eight times adjusted profit figure
- Interest starts at 1.9% over base rate
- Total lending terms up to twenty-five years
- Interest-only repayments considered in individual cases
- Inexperienced first-time owner-occupiers considered
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Commercial investment mortgage
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Specialist lender
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Mainstream lender
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- Lending at up to 75% LTV ratio
- Interest rates from 3.54% over Libor
- Interest-only repayment options for the first ten years
- Total loan term up to twenty-five years
- First-time applicants considered
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- Lending at up to 50% LTV ratio
- Interest rates from 2.5% over base rate
- Total loan term up to twenty-five years
- Interest-only repayments considered in individual cases
- First-time applicants considered
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If you need support to choose your mortgage or would like a more in-depth comparison between your options, give us a call! 0330 304 3040 [email protected]
Contact us now to discuss your personal options, Revolution Finance Brokers specialise in commercial and residential finance in Essex, Kent, London and Hertfordshire.
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